The Chamber of Deputies has sanctioned a proposal for the re-opening in 2017 regarding the special regime for regularization of non-notified assets abroad on 15th February 2017. The proposal was approved by the Senate on 23rd November 2016. The first regime, designated as a special regulation, the regulation of non-notified funds, goods and rights abroad (Regime Especial de Regularização Cambial e Tributária, RERCT) and is was ended on 31 October 2016.

The Chamber of Deputies approved the proposal with the following main changes:

The regulation of the non-notified assets by the new rule will be the payment of: Income tax of 15% on the total value of the assets, in the original text it was 17.5%; a fine of 20.25% on the total value of the assets, in the original text it was 17.5% or 135% on the total sum of the income tax due.